B2C businesses in Stockport are invited to join a free financial resilience seminar to help access support through the cost of living crisis. Aimed at businesses of all shapes and sizes that provide everyday essential retail products and services to the public, such as cafés, hairdressers, … [Read more...]
News for: Business
Late payment problems eased at end of 2022, finds insolvency trade body
Analysis by insolvency trade body, R3, has found that the number of overdue invoices has fallen for businesses in the North-west. R3's analysis of Creditsafe data, released at the end of December 2022, found that the number of outstanding invoices owed to firms in the North-west fell 32.1% … [Read more...]
Post-Brexit rules for business subsidies come into effect
Following the UK's exit from the European Union (EU), new rules governing how local authorities and national government can provide subsidies to business in need have come into effect. The new regime will give local authorities greater freedom to support key local industries or businesses in need … [Read more...]
Start Up Loans marks a decade of support for businesses in the North West
Since launching in 2012, Start Up Loans has delivered over 12,000 loans worth more than £112 million to new businesses in the North West in a decade of support. In total, start-ups in the North West have received £112,100.733 of support across 12,314 loans. The North West was the top … [Read more...]
Arts, culture, heritage, nature, and environment collaboration could add £2.7 billion to Northern economy
Arts, culture, heritage, nature and environment working together could provide an extra £2.7 billion to the Northern economy, according to assessment by the NP11 group of the region's Local Enterprise Partnerships. The NP11 group have worked with partners including Arts Council England, the … [Read more...]
Interest rates rise again to 3.5%
The Bank of England's Monetary Policy Committee (MPC) has voted in favour of its ninth consecutive rise in interest rates. The Bank's economists voted 6-3 in favour of increasing its base rate further to 3.5%. The increase is a more moderate 0.5 percentage point rise than the previous November … [Read more...]
Falling petrol prices saw inflation slow to 10.7% in November
The Office of National Statistics' (ONS) Consumer Price Index (CPI) measure of inflation fell in November to 10.7%, thanks in part to falling prices of petrol and diesel prices. The latest ONS figures recorded a 0.4 percentage-point drop in the rate of inflation, which hit 11.1% in October after … [Read more...]
Greater Manchester economy shows improvement, finds quarterly business survey
The Greater Manchester economy has shown signs of improvement in the last three months according to a survey of businesses conducted by the Greater Manchester Chamber of Commerce. In the Chamber's latest Quarterly Economic Survey, the Greater Manchester Index measure of business activity rose by … [Read more...]
Stockport SMEs invited to join the High Growth Network
SMEs in Stockport and from across the city-region are being invited to join the High Growth Network, a fully funded initiative in partnership with Manchester Metropolitan University (MMU) and The Business Growth Hub. The GM High Growth Network provides a programme of six workshops, three peer … [Read more...]
Stockport Council and Stockport Economic Alliance launch ambitious new Economic Plan for the borough
Stockport Council and Stockport Economic Alliance have launched the Borough’s new Economic Plan, at an event which set out the partnership’s ambition to grow the town's economy until 2030. In 2021, the Council and Stockport Economic Alliance jointly committed to developing a new Economic Plan for … [Read more...]
Rise by setting goals for growth
Hallidays Xeinadin Group would like are inviting Stockport businesses to attend a free event ‘Setting goals for growth’ as part of the accountancy practice's Rise series of seminars. Taking place on Tuesday 7th February, 9:30 am – 12 noon at Hallidays Stockport office, the event is a … [Read more...]
Review launched to tackle late payments for small businesses
The Business Secretary Grant Shapps has announced the launch of a review into tackling late payments for small businesses and encouraged larger organisations to ensure their suppliers are paid promptly. The Payment and Cash Flow review will scrutinise existing payment practices and the measures … [Read more...]
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